Ex-retailer Linens 'N Things' intellectual property assets were recently picked up by Hilco Consumer Capital and Gordon Brothers Brands. A relaunch of Linens 'N Things as a global license brand will take place this year.

The acquisition includes the Linens 'N Things brand name, as well as its bridal and gift registryies, all Web domains and various brands, including Luxe Versailles, Attitude, Super Set, Cook at Home and Hotel Living. The investors plan to launch retail shop-in-shop, direct-to-retail licensing, wholesale licensing and e-commerce.

"We're excited to forge new partnerships with retailers to bring Linens 'N Things goods back onto shelves in the very near future," says Brad Snyder, principal, Gordan Brothers Group. "Customers who have known the brand for decades will be able to find products they trust in retail channels they shop today."

Before announcing bankruptcy in May 2008, Linens 'N Things operated 589 U.S. stores. Gordon Brothers Brands and Hilco Consumer Capital also jointly invest in The Sharper Image and Bombay Brands.